James Regan - Raising $35M to build Networks of AI chips with Photonic Integrated Circuits, Training LLMs 100x faster while reducing AI energy consumption, AI electricity demands by 2030

Venture Europe: Entrepreneurship | Technology | Venture Capital | Eu/Acc

James Regan, founder and CEO of Oriole Networks.

Oriole Networks solves AI’s biggest challenges – speed, latency and sustainability.

They use light, via advanced photonics technology, to create networks of AI chips and combine their processing power.

With this novel approach, LLMs can be trained up to a 100x faster, whilst consuming a fraction of power, allowing algorithms to run with much lower latency.

Oriole’s technology dramatically reduces the energy consumption of AI data centres which is putting a huge strain on energy grids and it is predicted to account for 15-25% of new electricity demand by 2030.

They have recently raised a $22M Series A round led by Plural to accelerate growth, expanding the team and engaging with high-volume suppliers.

During this episode we discuss about how photonics work, James background and the inefficiencies in the current AI data centers.

Enjoy!